Category: Bills & Bonds

Aug 27, 2013 (LBO) – Sri Lanka’s rupee weakened below 133 to the US dollar Tuesday and bond were flat amid jitters in international forex markets, dealers said.The rupee weakened to 133.05/10 levels to the US dollar in the spot next market, where settlement is made three days later, weakening from 132.90/133.00 Monday. Exporters were […]

Aug 26, 2013 (LBO) – Sri Lanka’s bonds opened flat Monday but money markets were tighter after excess liquidity in the interbank market gradually reduced last week, dealers said.Gilt-backed repos were quoted around 8.40/50 percent about and un-backed call money was quoted at 8.70/80 percent about 10/15 basis points higher than last week, dealers said. […]

Aug 23, 2013 (LBO) – Sri Lanka’s state-run National Savings Bank’s planned dollar denominated bond has been given an expected rating of ‘BB-‘ by Fitch Ratings. “Fitch believes that the issue of the notes by NSB is closely linked with government policy requirements,” the rating agency said. The proceeds are likely to be used to […]

Aug 23, 2013 (LBO) – Sri Lanka’s state-run National Savings Bank will kick off a road show from August 26 to sell a dollar bond depending on market conditions, market sources said.Bloomberg newswires said investor meetings will be held in New York, Boston, Los Angeles, London and will wrap up on September 03 in Singapore. […]

Aug 22, 2013 (LBO) – Sri Lanka’s bond yields spiked Thursday with a 5-year bond popular among foreign investors quoted as high as 11.70/75 percent, dealers said. Sri Lanka has also lost forex reserves amid looser monetary policy and some capital repayments but credit growth is weaker at the moment. The 5-year bond maturing on […]

Aug 21, 2013 (LBO) – Sri Lanka’s Treasuries yield were steady at Wednesday’s auction with six and 12-month yields easing one basis point, data from the state office showed.The 6-month yield eased one basis point to 9.65 percent and the 12-month yield also eased a basis point to 10.55 percent. Bids for 3-month bills were […]

Aug 19, 2013 (LBO) – Sri Lanka’s Securities and Exchange Commission is in talks with the central bank over permitting dollar denominated corporate bonds to be traded on the stock exchange, an official said. “We are talking to central bank to allow companies to issue dollar bonds,” SEC chairman Nalaka Godahewa told a forum organized […]

PARIS, August 18, 2013 (AFP) – The market for debt issued by governments is huge and global, and it provides benchmarks for interest rates across national economies, in addition to official central bank rates. The market is known as the sovereign debt market, or the fixed income market. This is because most government debt is […]

Aug 14, 201 3 (LBO) – Sri Lanka’s Treasuries yields were flat at Wednesdays auction with the 12-month bills easing one basis point to 10.56 percent, data from the state debt office showed. . Three and six month bills were offered at this auction, following a gap. Three month bills were sold to yield 8.61 […]

Aug 06, 2013 (LBO) – Sri Lanka has sold 4-year Treasury bonds at an auction Wednesday to yield 10.87 percent, the state debt office said, which is lower than the secondary market rate. The debt office said it sold 1.6 billion rupees of bonds maturing on January 15, 2017. In the secondary market a bond […]

Aug 06, 2013 (LBO) – Sri Lanka’s 12-month Treasuries yield edged up 05 basis points to 10.57 percent at Wednesday’s auction, the state debt office said. There were no offers or sales of three and six month bills. The debt office offered 12.0 billion rupees in bills for rollover and sold 17.6 billion rupees in […]

July 31, 2013 (LBO) – Sri Lanka’s 12-month Treasuries yield fell 04 basis points to 10.52 percent at Wednesday’s auction, data from the state debt office said. In the secondary market 3-month bills were quoted at 8.65/85 percent levels and 6-month bills were quoted around 9.65/75 percent levels, dealers said. The 12-month bill was quoted […]